2 of Asia’s richest men sign up to Fosun IPO

June 26, 2007 6:39 am

Fosun International is raising as much as 10.85 billion Hong Kong dollars, or $1.39 billion, in an initial public offering whose investors include the Hong Kong billionaire Li Ka-shing, people with direct knowledge of the matter said.

The Shanghai-based company, whose businesses range from steel to financial services, is offering 1.25 billion shares in Hong Kong at 6.48 dollars to 8.68 dollars each

read the rest published by International Herald Tribune here:

http://www.iht.com/articles/2007/06/25/business/sxfosun.php

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